Jasmine invests $2400 in one account and $1900 in an account paying 3 % higher interest. At the end of one year she had earned $358 in interest. At what rates did she invest? $2400 invested at % $1900 invested at %

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter2: Equations And Inequalities
Section2.3: Models And Applications
Problem 23SE: Paul has $20,000 to invest. His intent is to earn11% interest on his investment. He can invest part...
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Jasmine invests $2400 in one account and $1900 in an account paying 3 % higher interest. At the
end of one year she had earned $358 in interest. At what rates did she invest?
$2400 invested at
$1900 invested at
Transcribed Image Text:Jasmine invests $2400 in one account and $1900 in an account paying 3 % higher interest. At the end of one year she had earned $358 in interest. At what rates did she invest? $2400 invested at $1900 invested at
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